The Rokslide Stock Traders Thread

[MountainTracker]

Something to consider. In April 2024 Metaplanet began buying btc. Their total return in 2024 was 2,271%, blowing away all other global stocks. They aren’t even buying that much, compared to MSTR. Metaplanet just had a stockholders meeting and there was standing room only, with a line down the street.

It appears investors want btc and if they aren’t willing to buy btc directly then they will through proxy, ie: MSTR, GME, Metaplanet, etf….

There are a lot of companies that are fading into existence but have large stacks of cash holdings that are just melting. More and more companies like that will start buying btc or they will watch their stacks disappear.


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[Danny Hoey]

monthly buy time for my Roth. Went with APLD. Lowered my average a bit. Seems beat up a bit, maybe will drop a little more but I’ll DCA for a bit on it.

 

[BBob]

NVDA getting slammed over China shenanigans. I guess holding 120 wasn't to be. TSM same deal.

 

[MThoundhunter]

Added some APLE to my portfolio and couldn't help but add some more PWRMF with all the volume today.

 

[MountainTracker]

Why spend your cash when you can borrow at 0%

I would not be surprised if they buy with cash holdings at some point.


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[Beendare]

NVDA getting slammed over China shenanigans. I guess holding 120 wasn't to be. TSM same deal.

Do you think it's shenanigans...or some truth to the comment that this AI thing is getting ahead of itself? I would agree, it feels like we will see another leg down.

I'm waiting for China to make an antagonistic comment about the Tariffs, that will bump TSM down further. I'm surprised how well Ford has held up with GM off 6.6%, I sold my F thinking I can get it down around $9 again.

My Chinese stuff is volatile but doing well; BABA,TCEHY...still cheap. April 2nd turmoil coming up quick

 

[BBob]

Do you think it's shenanigans...or some truth to the comment that this AI thing is getting ahead of itself? I would agree, it feels like we will see another leg down.

I thinks it’s both. The recent price action (drop) was due mostly to China reiterating their stance to their companies urging them to not buy the special for China H20 chips due to not meeting their energy standards. They did this last year too. China energy standards? Shenanigans? NVDA says they can make that chip meet the standards. We will see. Another factor is Huawei is catching up with it’s AI. I’d agree AI has been a bit overblown but that’s the market capitalizing on and taking advantage of “the news”. Throw in the tariff dance too.

 

[BBob]

NVDA chart wise, it's not in a great spot. Death cross (100/50 SMA's), a fairly strong indicator of worse to come. Dropped off support with not much below. Could get and I think likely to get hurt further. Down arrow and circle highlight, death cross. Left arrow, current position and well below volume support. The 118ish mark is the volume point of control and it lost it. If Trump alters (lessens) the chip restrictions to China we could see some positive outcome.

 

[ejmiller08]

Bitcoin!!

 

[Beendare]

Good info @BBob....

 

[BBob]

Might want to keep an eye on GameStop tomorrow

I didn’t look at it today until now. Holy cow, that sucker got stomped. 22% crush

 

[MountainTracker]

I didn’t look at it today until now. Holy cow, that sucker got stomped. 22% crush

Yeah didn’t check it today.

Rumors, theories, things to watch

I assume the sell off was from individuals who had prepositioned themselves when the talk of GME buying btc.

Talk that investors sold bc GME took a 0% loan to buy btc instead of using on hand cash.

Could be yesterday everything was selling and GME was green. Today could have just been readjusting.

Apparently GME broke out of its downward wedge, and is expected to rebound up. I don’t chart so I have no idea on that.

I expect its price to rise bc btc, NFA. I don’t hold GME.


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[OXN939]

PR gang where we at

 

[BBob]

PR gang where we at

Got nothing positive to say. Oil is in limbo right now. So may things going on no way to know where it's going.

 

[BBob]

or some truth to the comment that this AI thing is getting ahead of itself?

Watching the CRWV IPO initial pricing and action today mby confirms AI has been a little overblown and mby headed to more realistic pricing. Let's see where it settles out. AAPL, TSM, NVDA all slipping further today. AAPL entered death cross territory yesterday as well.

Apparently GME broke out of its downward wedge, and is expected to rebound up. I don’t chart so I have no idea on that.

Yes to a falling wedge (bullish) from which it did breakout, but it is currently retesting the resistance trendline. It'll be interesting to see if it maintains.

 

[MountainTracker]

Brace yourself for tomorrow.


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[eddielasvegas]

You beat me to it @MountainTracker.

Looks rather ugly for Monday morning IMHO.


Eddie






And on the bright side....

 

[MountainTracker]

You beat me to it @MountainTracker.

Looks rather ugly for Monday morning IMHO.


Eddie

View attachment 860827


View attachment 860828

And on the bright side....


View attachment 860829

Yeah lots of clouds on the horizon have markets shaking.


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[IdahoElk]

The non stop issuing of debt by the Fed has diluted the dollar to the point of being worthless, that's what gold is telling us, This system is Kaput.

 

[DapperDan]

The non stop issuing of debt by the Fed has diluted the dollar to the point of being worthless, that's what gold is telling us, This system is Kaput.

I have some silver rounds. Would be nice if silver would get back to 50:1 vs gold instead of 80:1. I’d cash my silver in for gold.


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